Financial Performance - The company achieved a revenue of approximately RMB 1,982.6 million in 2022, representing a growth of about 41.7% compared to RMB 1,398.9 million in 2021[2] - The company reported a profit of approximately RMB 419.0 million, an increase of about 28.9% from RMB 325.0 million in 2021, with a net profit margin of 21.1%[3] - Basic and diluted earnings per share for 2022 were RMB 1.49, an increase of approximately RMB 0.33 or 28.4% from RMB 1.16 in 2021[3] - Adjusted profit attributable to equity shareholders for the year was approximately RMB 438.9 million, a growth of about 36.4% from RMB 321.8 million in 2021[3] - The net financing income for 2022 was a loss of RMB 41,849,000, compared to a loss of RMB 32,172,000 in 2021[21] - Profit before tax rose by 32.6% to RMB 561.1 million in 2022 from RMB 423.2 million in 2021, driven by growth in gross profit[67] - Net profit for the year increased by 28.9% to RMB 419 million in 2022 from RMB 325 million in 2021, with a net profit margin of 21.1%, down from 23.2% in the previous year[68] Revenue Breakdown - Property management services generated revenue of approximately RMB 1,193.4 million, accounting for about 60.2% of total revenue, with a growth of approximately 42.0% from RMB 840.5 million in 2021[2] - Non-owner value-added services contributed approximately RMB 540.2 million, representing 27.2% of total revenue, with a growth of about 28.8% from RMB 419.5 million in 2021[3] - The 5S value-added services achieved revenue of approximately RMB 249.0 million, accounting for about 12.6% of total revenue, with a significant growth of approximately 79.3% from RMB 138.9 million in 2021[3] - The total revenue from property management services reached RMB 1,193.4 million in 2022, a significant increase of 42% compared to RMB 840.5 million in 2021[47] Assets and Liabilities - Cash and cash equivalents as of December 31, 2022, were approximately RMB 1,949.9 million, reflecting a growth of about 115.3% from RMB 905.7 million in 2021[3] - Non-current assets increased from RMB 1,482,250 thousand in 2021 to RMB 2,640,070 thousand in 2022, representing an increase of approximately 78.5%[7] - The total liabilities increased from RMB 710,957 thousand in 2021 to RMB 1,680,801 thousand in 2022, which is an increase of approximately 136.3%[7] - The company's net current assets increased from RMB 771,293 thousand in 2021 to RMB 959,269 thousand in 2022, reflecting a growth of about 24.4%[7] - Trade and other receivables increased from RMB 173,390 thousand in 2021 to RMB 343,471 thousand in 2022, reflecting a growth of approximately 98.1%[7] Market Expansion and Operations - The total managed building area reached 42.0 million square meters, a growth of 40.1% year-on-year, with 55.0% of this area coming from independent third parties[3] - The company expanded its market presence by entering new regions, including Haining and Shenzhen, with significant growth in contracted building areas in Ningbo and Shanghai of 155.1% and 135.8%, respectively[34] - The company launched new service categories, including elderly care and urban services, to enhance its service offerings[35] - The company is actively developing 5S value-added services, focusing on comprehensive property management and maintenance solutions[36] Dividends and Shareholder Information - The board proposed a final dividend of HKD 1.001 per share, with a total payout ratio of approximately 60%[3] - The board proposed a final dividend of RMB 1.001 per share for 2022, up from RMB 0.473 per share in 2021[27] - The company has maintained a public float of at least 25% of its total issued share capital as required by listing rules[81] Corporate Governance and Compliance - The company has adhered to the corporate governance code, with the exception of the roles of chairman and CEO being held by the same individual[78] - The audit committee, composed of three independent non-executive directors, has reviewed the financial statements for the year ended December 31, 2022[79] - The annual performance announcement has been published on the Hong Kong Stock Exchange and the company's website[87] Employee and Operational Costs - Employee costs increased to RMB 794,410,000 in 2022 from RMB 601,812,000 in 2021, marking a rise of 32%[21] - Administrative expenses rose by 15.9% from RMB 536 million in 2021 to RMB 621 million in 2022, mainly due to an increase in administrative personnel and ongoing investments in information technology[63] - Sales costs rose by 46.5% to RMB 1,390.4 million, primarily due to the growth in business scale[61] Awards and Recognition - The company ranked 14th in the China Index Academy's property service top 100 and received multiple awards for excellence in property service during the reporting period[38] - The group received multiple awards, including recognition as a top property service provider in various regions[40]
滨江服务(03316) - 2022 - 年度业绩